0 Melissa Tx Melissa, TX 75454
Exceptional retail land opportunity in Melissa, Texas, presents itself with these pad sites situated at the northeast corner of the highly trafficked intersection of State Highway 121 and State Highway 5. This prime location benefits from its proximity to a new Walmart store, slated to open in 2025, ensuring significant foot traffic and visibility for future tenants. The property consists of one to two-acre parcels, ideal for single-tenant retail development, restaurants, or other commercial uses. The site is strategically positioned at a signalized intersection, maximizing accessibility and exposure. This development opportunity is further enhanced by the surrounding area's high-income demographics and strong population density, promising a robust customer base. The property is classified as commercial land and is located in Collin County, Texas, with a zip code of 75454. The specific acreage of each available parcel will be disclosed upon request. This is a rare chance to secure a location in a rapidly growing area with a strong anchor tenant already in place. Don't miss this opportunity to establish a thriving business in a high-demand location. Contact us today for more information and to discuss your development plans.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.